A Solution for Detroit (let's ask Scooter)

[Joe Guy]

From the Urban Dictionary:

bicth

An ignorant mexican/wetback way of spelling "bitch"

I didn't know Gob was a was Mexican, did you.....Joe?

He's the first intercontinental wetback I've heard of. Must be quite a swimmer.

[dales]

However, that doesn't mean the bailout didn't payout in much more indirect means.

Yeah, FIAT made out like the proverbial bandit when Chrysler was practically given to them courtesy of the American taxpayer.

[Crackpot]

The Govt made money on Chrysler. They also saved it from dying a Private Equity death.

[rubato]

If Chrysler had gone into bankruptcy Fiat could have bought it for a fraction of what they paid.

The bailout raised the purchase price by a lot. And in the end Fiat buying Chrysler was good for us.

yrs,
rubato

[Crackpot]

Actually it would have been broken up with it's parts (read nameplates) being sold to the highest bidder. It's hard assets being worth nearly nothing (comparatively) would be left to rot and it's employees would be out of a job. What the bailout did was guarantee a package sale that kept Chrysler functioning from the top down.

The fact is with Chrysler having almost nil exposure in the European market and Fiat having similar in North America combined with minimal overlap in product. Fiat buying Chrysler was probably the best possible outcome for all involved.

[rubato]

But to get back to Detroit ... They need to tear down all excess housing so that the market value of housing rises to the point that owning and maintaining houses isn't a dead loss.

Detroit has suffered from having an excess of housing, and thus housing was too cheap, since the 1950s.

yrs,
rubato

[Crackpot]

that's a statement completely based in fiction.

[Crackpot]

population decrease does not necessarily equal an excess in housing. Especially when you considerer the loss of housing due to the construction of the interstates.

I'd make a meanest intelligence joke but this is just outright stupid.

[Crackpot]

If rubato did a little research he would have found out that a major reason for the riots (the real reason for the catastrophic population decline) was the unavailability of housing in minority neighborhoods due to so many of them being in the path of the interstates. (imagine that)

[rubato]

The collapse of Detroit started long before the riots, continued long afterwards and had nothing to do with it:






yrs,
rubato

[rubato]

population decrease does not necessarily equal an excess in housing. Especially when you considerer the loss of housing due to the construction of the interstates.

I'd make a meanest intelligence joke but this is just outright stupid.

Explain how a population of ca 1,800,000 can drop to less than 700,000 without a housing surplus?


yrs,
rubato

[Crackpot]

if you destroy houses how can you maintain a population moron?

[Crackpot]

let me explain this for the mentally challenged:
1950
Detroit is a highly segregated city with a white government
1950-1967
Interstates come.
the government places said intestates through poor neighborhoods forcing alot of non- whites out of their homes.
Detroit being highly segregated does not allow for non-whites to move into white neighborhoods.
this causes both population decline and overcrowding in the "colored" neighborhoods.
Government ignores the housing issue and instead relies more and more on thuggish police tactics to keep "those people" in line.
1967 Race riots
1968-1980 Detroit loses over 20% of it's population.

Thus begins the housing blight. BTW how do you propose the government "tears down" houses it doesn't own?

[dales]

Eminent doman. bulldoze 'em .....cart away the debris, and convert said land to agricultural persuits.

[Joe Guy]

Great debate!

Heated argument. Real issues!

But now it's time for a break.

And here's a word from our sponsors...

[Crackpot]

Eminent doman. bulldoze 'em .....cart away the debris, and convert said land to agricultural persuits.

eminent domain requires compensation to the owner of the property.

[Crackpot]

Rubatis Operandi:

1) Find graph/chart
2) Invent a narrative that will be described as fact based on that graph/chart and whatever second-hand knowledge cobbled together over the years.
3) Defend narrative regardless of any and all contrary facts as long as possible.
4) Disappear from the debate and never mention it again.

[dales]

Eminent doman. bulldoze 'em .....cart away the debris, and convert said land to agricultural persuits.

eminent domain requires compensation to the owner of the property.

So?

Do you have a solution(s) C/P?

What's been done for the last 50 years has been an unmitigated failure.

[Crackpot]

who is going to front the money?

I'm not saying it's a bad idea and there are many proposals out there for vast city re-planning but that doesn't amount to shit when no one is fronting the money. Give me a half decent proposal and I'll vote for it but it remains to be seen if the state or federal government has the balls to try it.

[dales]

The state of Michigan.